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Aid in reverse: how poor countries develop rich countries

Aid in reverse: how poor countries develop rich countries

By Jason Hickel/The Guardian We have long been told a compelling story about the relationship between rich countries and poor countries. The story holds that the rich nations of the Organization for Economic Cooperation and Development (OECD) give generously of their wealth to the poorer nations of the global south, to help them eradicate poverty and push them up the...

EU restores GSP Plus concessions to Sri Lanka subject to redressing human rights issues

EU restores GSP Plus concessions to Sri Lanka subject to redressing human rights issues

Colombo, January 11 (NIA): The European Commission decided on Wednesday to restore trade concessions under the General System of Preference Plus (GSP-Plus) to Sri Lanka on the condition that Sri Lanka fulfills its international obligations in regard to the maintenance of human rights and good governance. “Removal of customs duties would be accompanied by rigorous monitoring and conditional on continued...

US warns of more terror attacks in Bangladesh as police kill top militants

US warns of more terror attacks in Bangladesh as police kill top militants

Dhaka, January 6 (Dhaka Tribune): The US Department of State has asked US citizens to be cautious about the continuing threats from terrorist groups in Bangladesh and to consider risks of travelling in the country as Bangladesh police killed two top militants of the New Jamaatul Mujahideen Bangladesh (New JMB), a pro-Islamic State organization. The State Department updated its Travel Warning...

Emission scandal put paid to Volkswagen’s Sri Lanka plant

Emission scandal put paid to Volkswagen’s Sri Lanka plant

Colombo, January 5 (The New Indian Express): The emission scandal in which German car maker Volkswagen (VW) was embroiled since September 2015, put paid to its project to set up an assembling facility in Sri Lanka, which was to come up this month. Explaining the circumstances in which the VW plant project was called off, Deputy Foreign Minister Harsha de...

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